2-bed · 1,858 sqftMarina Residences 3, Palm Jumeirah · 3rd floor · completed 2009

308, Marina Residences 3

Sold prices and rental history: sold 4 times, last in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 2.5M21 June 2015
Current rentAED 180K /yr9 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Marina Residences 3

What is 308 worth today?

Last sold for AED 2,500,000 in 2015

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9 Aug 2025RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft
16 Apr 2024RentedRenewal
AED 138,600/yr12 months · AED 74 per sqft
16 Apr 2023RentedRenewal
AED 126,000/yr12 months · AED 68 per sqft
16 Apr 2022RentedNew contract
AED 120,000/yr12 months · AED 64 per sqft
15 Mar 2021RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
12 May 2019RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
12 May 2018RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
1 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2025.

Key facts

Type
2-bed apartment
Size
1,858 sqft
Floor
3rd of 14
Parking
CB1-207
Developer
The Palm - Jumeirah Co
Completed
2009
Service charge
AED 31,000 /yr
Last sold
AED 2.5M · June 2015

About 308, Marina Residences 3

308 is a two-bedroom apartment of 1,858 sqft on the 3rd floor of Marina Residences 3, a 14-storey tower in Palm Jumeirah completed in 2009 by The Palm - Jumeirah Co. It last sold on 21 June 2015 for AED 2,500,000, or AED 1,345 per sqft, 9% below the AED 1,477 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 9 August 2025, is AED 180,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 31,000 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Marina Residences 3
2M20102014201820222026Typical sale price by year: 2010 AED 2,703,000; 2011 AED 2,670,000; 2012 AED 2,130,000; 2013 AED 2,012,750; 2014 AED 2,647,900; 2015 AED 2,618,600; 2016 AED 2,650,000; 2017 AED 2,567,500; 2018 AED 1,936,766; 2019 AED 1,748,000; 2020 AED 1,497,500; 2021 AED 1,865,000; 2022 AED 2,350,000; 2023 AED 2,662,500; 2024 AED 3,000,000; 2025 AED 3,500,000Sold by developer, February 2010: AED 2,814,300 (AED 1,514 per sqft)Sold, June 2010: AED 1,100,000 (AED 592 per sqft)Sold, February 2011: AED 1,100,000 (AED 592 per sqft)Sold, June 2015: AED 2,500,000 (AED 1,345 per sqft)

308 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 308, each contractTypical two-bed in Marina Residences 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 122,500; 2013 AED 140,000; 2014 AED 155,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 145,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 126,500; 2023 AED 145,000; 2024 AED 172,826; 2025 AED 190,000; 2026 AED 200,000New contract, August 2015: AED 180,000 a yearNew contract, May 2018: AED 115,000 a yearRenewal, May 2019: AED 115,000 a yearNew contract, March 2021: AED 90,000 a yearNew contract, April 2022: AED 120,000 a yearRenewal, April 2023: AED 126,000 a yearRenewal, April 2024: AED 138,600 a yearNew contract, August 2025: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Residences 3, and where 308 sits

All 110 2-beds →

308 last sold in June 2015 at AED 1,345 per sqft, 9% below what two-beds in Marina Residences 3 were fetching at the time (AED 1,477). Over the last 12 months two-beds sold for AED 3,500,000 to 3,700,000, around AED 1,922 per sqft, and rent for AED 166,031 to 416,879 a year. 308's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 20254,500,000
19 Jun 20253,500,000
18 Jun 20253,100,000
23 Apr 20253,250,000
2 2-bed sales in the last 12 months

Marina Residences 3

Building

165 apartments, 2-bed to 5-bed over 14 floors in Palm Jumeirah, completed in 2009 by The Palm - Jumeirah Co. 3 sold in the last 12 months.

Typical price per sqft
AED 2,132
Typical sale
AED 3.7M
Typical rent
AED 200K /yr
Typical yield
5.3%
Marina Residences 3, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 165 units in Marina Residences 3
Value
3012-bedAED 2.65M · Sep 2023
3022-bedAED 3.8M · Nov 2024
3032-bedAED 2.02M · May 2023
3042-bedAED 2.1M · Dec 2010
3053-bedAED 3.63M · Jun 2011
3063-bedAED 5.9M · Sep 2022
3073-bedAED 1.85M · Feb 2021
1–7 of 10

308, Marina Residences 3 in numbers

  • Sold 4 times: first on 4 February 2010 for AED 2,814,300, last on 21 June 2015 for AED 2,500,000 (AED 1,345 per sqft).
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 90,000 in 2021 and recovered to AED 180,000 by August 2025.
  • At AED 180,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 31,000 a year (AED 16.67 per sqft).
  • Two-beds in Marina Residences 3 sold for AED 3,500,000–3,700,000 in the 12 months to November 2026; the building's median across all types is AED 2,132 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2025.

Questions about 308, Marina Residences 3

What did unit 308 last sell for?

AED 2,500,000 on 21 June 2015: AED 1,345 per sqft for 1,858 sqft. The unit has 4 registered sales; the first was AED 2,814,300 in February 2010.

What is the rent for unit 308?

AED 180,000 a year on the contract signed on 9 August 2025. The previous contract, from April 2024, was AED 138,600; the unit has been rented since August 2015.

How big is unit 308?

1,858 sqft (172.6 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2009.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residences 3 sold for AED 3,500,000 to 3,700,000 in the last 12 months, around AED 1,922 per sqft.

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Mortgage on 308, Marina Residences 3

Starts from the last sale price (AED 2.5M, 21 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →